“IT’S ALL LIES!” Floyd Mayweather CONFRONTED About Bankruptcy At LIVE Press Conference

Boxing legend Floyd Mayweather Jr. found himself in the hot seat during a live press conference yesterday, as a reporter directly confronted him about swirling rumors of his alleged bankruptcy. The undefeated five-division world champion, known for his lavish lifestyle and self-proclaimed “Money” moniker, vehemently denied the claims, calling them “all lies” in a heated exchange that has since gone viral.

The Confrontation

The incident occurred during a press event to promote Mayweather’s upcoming exhibition bout against a yet-to-be-named opponent, scheduled for June 2025 in Dubai. Mayweather, 48, was addressing the media about his latest business ventures when a journalist from Boxing Insider interrupted with a pointed question: “Floyd, there are reports that you’re bankrupt and have been struggling to pay your debts. Can you address these allegations?”

The room fell silent as Mayweather’s demeanor shifted. Visibly irritated, he leaned into the microphone and responded, “It’s all lies! I’m Floyd ‘Money’ Mayweather—I don’t go broke. I’ve got more money than you’ll ever see in your lifetime. People just want to tear me down because I’m successful.” He then pointed at the reporter and added, “You need to check your sources, because you’re spreading fake news.”

The Bankruptcy Rumors

The rumors of Mayweather’s financial troubles have been circulating for months, fueled by a report from The Sun in February 2025 that claimed the boxing icon had defaulted on several loans tied to his real estate investments. According to the report, Mayweather’s extravagant spending—on luxury cars, private jets, and multi-million-dollar jewelry—had outpaced his income, leading to a cash flow crisis. The article also alleged that the IRS had issued a $22 million tax lien against him, echoing past tax issues Mayweather faced in 2017 when he owed $22.2 million to the IRS following his fight with Conor McGregor.

Social media has only amplified the speculation, with hashtags like #BrokeMayweather trending on X. A viral post from a user claiming to be a former employee at Mayweather’s Las Vegas gym, The Money Team (TMT), alleged that staff hadn’t been paid in weeks, further stoking the fire. However, no concrete evidence has been provided to substantiate these claims.

Mayweather’s Defense

During the press conference, Mayweather doubled down on his denial, flaunting his wealth to counter the rumors. “Look at this watch,” he said, flashing a diamond-encrusted Audemars Piguet worth an estimated $1.2 million. “Does this look like I’m broke? I made over $1 billion in my career, and I’m still making millions from my exhibitions, my businesses, and my investments. People are just jealous.”

Mayweather also pointed to his recent business ventures as proof of his financial stability. In 2024, he launched a new line of TMT-branded fitness equipment and opened a chain of luxury boxing gyms across the U.S. and Europe. Additionally, his exhibition bouts—such as the one against YouTuber Logan Paul in 2021, which reportedly earned him $65 million—have kept his bank account flush, according to his team.

Skeptics and Supporters Weigh In

The boxing community and fans are divided over the allegations. Some skeptics argue that Mayweather’s history of flashy spending could indeed have led to financial trouble. “He’s been spending like there’s no tomorrow for years,” said a boxing analyst on ESPN’s First Take. “Even a billion dollars can run out if you’re buying $18 million watches and $50 million mansions without a steady income stream.”

Others, however, believe Mayweather’s claims, citing his business acumen and long history of financial success. “Floyd has always been smart with his money,” said Leonard Ellerbe, CEO of Mayweather Promotions. “He’s not just a fighter—he’s a businessman. These rumors are just haters trying to bring him down.”

What’s Next for Mayweather?

The bankruptcy rumors come at a time when Mayweather is attempting to cement his legacy outside the ring. His upcoming exhibition in Dubai is expected to net him another eight-figure payday, and he has teased potential future matchups with other high-profile figures, including a rematch with Manny Pacquiao. However, the allegations have cast a shadow over his brand, with some sponsors reportedly hesitant to renew deals until the controversy is resolved.

For now, Mayweather remains defiant, vowing to “keep winning” both in and out of the ring. “I’ve been counted out my whole life, and I’m still here,” he said as he stormed out of the press conference. “Watch me prove the haters wrong—again.”

As the debate rages on, one thing is certain: Floyd Mayweather’s financial status has become the latest chapter in his larger-than-life saga, and the world will be watching closely to see if “Money” Mayweather can back up his words with proof of his enduring wealth.